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Life's Little Inventions (That Could Make Us Rich)
A small business owner often wears multiple hats within the organization. With all these responsibilities pulling you in different directions, even the smallest tasks can ultimately weigh you down. So what would make your life easier...
April 4, 2008
The Key to Security
How do you mitigate the risk of losing key employees?
April 3, 2008
Opportunities in an Economic Downturn
In previous blogs I've given advice about what to do to mitigate the adverse effects of a downturn on your business, however in every situation, some real opportunities arise and I think that it is worthwhile to enumerate some that you wish to take advantage of...
April 2, 2008
Brilliant, Wonderful and Fantastic
In the case of using adjectives to describe your company or product, sometimes less is more. Since adjectives are typically subjective (the greatest product! Best sales rep!), it can cast doubts about your ability to assess your business to potential investors.
March 31, 2008
Hiring Intangibles
Years ago, one of my famous mentors, David Sugarman, told me, "Hire people who are mission-driven; people who share your vision. If you don't, your business will struggle, or may never even get off the ground"...
March 27, 2008
You're Fired!
If you have an employee who's dragging down the rest of your team, there's no option but to let them go. But that's easier said than done. Sleepless nights and guilt can be postpone the deed, but "hanging onto the wrong people can ultimately make matters worse for you, your other employees, and your business," writes Jennifer Alsever in her article, "How to Fire the Employee Who's Holding You Back"...
March 27, 2008
Home is Where the Work is
With ever-growing gas prices and ever-shrinking prices on small business tech tools, is office space absolutely necessary for your startup? If not, then read a great piece from Entrepreneur magazine's Tamara Monosoff...
March 27, 2008
Going Global
In 2001, Servigistics was a nice little Atlanta high-tech company with revenues of $2 million. Since 2001, they've had 60 percent growth, year after year.
March 26, 2008
A Great Place for Meetings
Instead of Starbucks ("SBUX"), consider meeting at your local Red Cross. Twice a month, you can donate platelets via apheresis. Most of the Red Cross platelets go to pediatric cancer patients. The procedure takes about an hour or two...
March 25, 2008
Those Strategic Wine-Tastings
Getting creative with your deductions can save your company money. I don't mean lying or misrepresenting your business, but filing dinner at a restaurant with some co-workers as an "off-site strategic planning meeting," instead of "entertainment" gives you a 100 percent deduction instead of merely 50 percent...
March 25, 2008
